European Parliament approves Creative Europe programme

Brussels, 20 November 2013 – The European Commission’s ‘Creative Europe’ programme has been approved by the European Parliament. With a budget of €1.46 billion over the next seven years, the programme will provide a boost for the cultural and creative sectors, which make up approximately 4.5% of EU GDP and employ more than 8 million people.

Creative Europe will provide funding for at least 250 000 artists and cultural professionals, 2 000 cinemas, 800 films and 4 500 book translations. It will also launch a new financial guarantee facility enabling small cultural and creative businesses to access up to €750 million in bank loans.

"Creative Europe will enable our dynamic cultural sectors to create new jobs and contribute more to the EU economy. It will enable thousands of talented artists to reach new audiences in Europe and beyond, while also promoting cultural and linguistic diversity,” said European Commissioner for Education, Culture, Multilingualism and Youth Androulla Vassiliou.

Creative Europe builds on the experience and success of the Culture and MEDIA programmes, which have supported the cultural and audiovisual sectors for more than 20 years. The programme will be definitively adopted by the Council in the coming weeks and enter into force in January 2014.